Materialise Reports Fourth Quarter and Full Year 2021 Results

Reconciliation of Net Profit (Loss) to Segment adjusted EBITDA (Unaudited)

 
for the three months ended
December 31,
for the twelve months ended
December 31,
In 000€

2021

2020(*)

2021

2020(*)

Net profit (loss) for the period

4,762

 

(2,039

)

13,145

 

(7,192

)

Income taxes

490

 

(531

)

591

 

(1,028

)

Financial cost

919

 

1,073

 

4,101

 

5,996

 

Financial income

(1,195

)

(477

)

(5,620

)

(2,453

)

Share in loss of joint venture

-

 

-

 

-

 

39

 

 
Operating (loss) profit

4,976

 

(1,974

)

12,217

 

(4,639

)

 
Depreciation and amortization

5,277

 

5,160

 

20,516

 

19,775

 

Corporate research and development

812

 

807

 

3,149

 

2,989

 

Corporate headquarter costs

2,923

 

3,300

 

10,350

 

15,955

 

Other operating income (expense)

(1,122

)

2,518

 

(3,527

)

(4,237

)

 
Segment adjusted EBITDA

12,866

 

9,811

 

42,704

 

29,843

 

(*)

 

The year 2020 has been restated to reflect the final accounting of the business combination with RS Print.

   

Impact on Net profit for the period is 79 k€ and impact on (Deferred) income taxes is (79) k€.


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